Fireman’s Fund Insurance Company is in the process of adding 190 new jobs, including 145 new claims professional positions, to its existing operations in Earth City, near St. Louis. As part of the company’s expansion, a new national customer sales …
During a visit to Dublin, Ohio this week, President Bush pitched his plan for making health care more accessible by creating tax breaks for health savings accounts to fast food chain Wendy’s employees . Opponents, however, say the accounts merely …
Jim Donelon became Louisiana’s Commissioner of Insurance on Feb. 16 following the retirement of Robert Wooley, the Louisiana Department of Insurance reported. Donelon previously served as the Department’s Executive Counsel and Chief Deputy Commissioner. “I am honored to serve as …
Hoping to reduce the number of uninsured Oklahomans, a state House of Representatives committee voted to provide financial incentives to businesses that contribute to employee health insurance premiums. House Bill 2463, by State Rep. Ann Coody, would provide an income …
Authorities in Grain Valley, Mo. have arrested two people suspected of making illegal license tags. Police believe the large-scale operation has already brought in $10,000 to $20,000 for those involved. The investigation into the operation started 18 months ago and …
Community Relations specialists from the Federal Emergency Management Agency (FEMA) are working with the Governor’s Office of Emergency Services (OES) and county emergency management directors to reach out to people affected by the flooding of December and January in Northern …
American International Group Inc. (AIG) reported that a wholly-owned Taiwan subsidiary has reached an agreement with Central Insurance Co., Ltd (Central Insurance) to acquire all of Central Insurance’s outstanding shares by means of a statutory share swap. The purchase value …
Swiss insurance giant Zurich Financial Services posted a 30 percent increase in its 2005 net profits to $3.2 billion, despite heavy charges for last year’s record hurricane season. The full-year profit figure compared with $2.5 billion in 2004. It was …
Willis Group Holdings Limited, the global insurance broker, has appointed Derek A. Smyth as chief financial officer of the company’s North American operations. Smyth will report to both Mario Vitale, CEO of Willis North America and Patrick Regan, chief financial …
As a federal probe into the insurance industry widens, four former top executives of giants General Re and American International Group are pleading not guilty to fraud and conspiracy charges. The Justice Department has accused the four of orchestrating an …
